Hawaii Leaves Crypto Unregulated With End of Digital Currency Pilot

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Aloha, Bitcoin: Hawaii Drops Crypto Licensing Pilot, Leaving Industry Unregulated

The Aloha State had consistently earned a nearly worst-in-the-nation reputation for its unfriendliness toward digital currencies—second only to New York, a state with a Bitlicense that Hawaii was attempting to adapt and adopt. But in a news release quietly posted by the governor’s office last week, the state administration revealed that “digital currency companies will no longer require a Hawaii-issued money transmitter license to conduct business within the state.”